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816 Royal Gorge Boulevard
Canon City, CO 81212

Canon National Bank is headquartered in Canon City and is the 33rd largest bank in the state of Colorado. It is also the 2,601st largest bank in the nation. It was established in 1974 and as of June of 2014, it had grown to 83 employees at 9 locations. Canon National Bank has a A health rating.

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Data for Q2 2014

Institution Health


Texas Ratio


The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of June 30, 2014 Canon National Bank had $2.54 million in non-current loans and owned real-estate with $29.7 million in equity and loan loss allowances on hand to cover it. This gives Canon National Bank a Texas Ratio of 8.54% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend


The Texas Ratio for Canon National Bank decreased slightly from 11.51% as of June 30, 2013 to 8.54% as of June 30, 2014, resulting in a positive change of 25.77%.This indicates that the balance sheet and financial strength for Canon National Bank has improved slightly in recent periods.

Deposit Growth


In the past year, Canon National Bank has increased its total deposits by $11.8 million, resulting in 5.73% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Canon National Bank has shown is excellent.



Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Canon National Bank has $245.45 million in assets with $29.7 million in equity, resulting in a capitalization level of 12.10%, which is excellent.

Institution Statistics

FDIC Certificate #21801
Year Established1974
Primary RegulatorOCC
Assets and Liabilities
Assets$245.45 million
Loans$143.11 million
Deposits$217.86 million
Equity Capital$26.76 million
Loan Loss Allowance$2.93 million
Unbacked Noncurrent Loans$1.07 million
Real Estate Owned$1.47 million
Historic Data - June 2013
Assets$232.91 million
Equity Capital$25.53 million
Loan Loss Allowance$3.14 million
Unbacked Noncurrent Loans$1.07 million
Real Estate Owned$1.90 million
Profit Margin - Quarterly
Return on Assets0.72%
Return on Equity6.74%
Interest Income$5.23 million

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Canon National Bank Locations
Florence Branch100 E. Main StreetFlorence, CO 81226
Pueblo Branch101 West 5th StreetPueblo, CO 81002
Pueblo Amherst Branch2 Amherst AvenuePueblo, CO 81005
Fremont Drive Branch2101 Fremont DriveCanon City, CO 81212
Colorado Springs Branch3204 West Colorado AvenueColorado Springs, CO 80904
North Chelton Branch518 North Chelton RoadColorado Springs, CO 80909
Pueblo West Branch76 East Dunlap DrivePueblo, CO 81007
Canon National Bank816 Royal Gorge BoulevardCanon City, CO 81212
One North Parkway BranchOne North ParkwayColorado City, CO 81019